FCC Officially Launching Inquiry Into Wireless Competition

At today's meeting, the Federal Communications Commission decided to launch a formal inquiry into the wireless industry, its business practices, and how the large wireless network operators affect consumer choice. The FCC will specifically be looking at AT&T, Sprint, T-Mobile USA and Verizon Wireless. The FCC had previously taken initial steps to see if further investigation was warranted. The FCC has yet to provide details on exactly what it will be investigating. The wireless industry has staunchly defended its practices, pointing out that consumers have a wide range of choices of network operators, handsets, and service plans.